# Bonding Curve

Every token launched on Ape Express *<mark style="color:orange;">**"Degen Mode"**</mark>* launches with 1,000,000,000 tokens placed in the Bonding Curve.

As traders buy tokens, the price rises, rewarding early buyers, while selling lowers the price to balance supply and demand.&#x20;

To complete the Bonding Curve ≈80% of the tokens must be bought.

When the Bonding Curve progress reaches 100%, 14,228 APE and ≈20% of the tokens are used as liquidity on the chosen DEX.

The token is now tradable on both Ape Express and the exchange.